1. If two
nations, Denmark and Norway, have been involved in the war, the responsibility
does not fall upon Germany, but upon the initiatives of the Allies.

2. Italy's non‑belligerency
has effectively insured peace for two hundred millions of men, but
notwithstanding, Italian merchant traf­fic is subjected to a constant
surveillance that is vexatious and harmful.

3. As far as I
know, Germany is opposed to a further extension of the conflict, and Italy
likewise. We must learn whether this is also the Franco‑British aim.

4. The only
European nation that dominates a large part of the world and possesses a
monopoly on many basic raw materials is Great Britain. Italy has no programs of
that kind, but declares that no peace is possible without the fundamental
problems of Italian liberty being settled.

5. As to the
repercussions which an extension of the war fronts might have on the three
Americas, I call attention to the fact that Italy has never concerned itself
with the relations of the American republics with each other and with the
United States (thereby respect­ing the Monroe Doctrine), and might therefore
ask for "reciprocity" with regard to European affairs.

6. Whenever
conditions permit, and always starting with the recog­nition of the actual and
accomplished facts, Italy is ready to make her contribution to a better order
of the world.